Strike hits public transport in Rome

Metro and Bus drivers in the Italian capital went on strike for four hours on Wednesday morning during the busiest rush hour period.

Italy’s technocrat government led by Mario Monti is currently trying to apply labor reforms that it says is needed to create jobs, increase competition and cut costs in the eurozone’s third largest economy.

Transport union members fear the measures will lead to job losses and worse working conditions.

Monti is expected to unveil his much awaited job plan to the parliament by end of March. Many fear the plan will include a provision that scraps the article 18 of the Italian Workers’ Statute, which provides employees strong protection against unfair lay-offs.

The Italian government rushed through a 33 billion euro austerity plan in December to cut the world’s fourth largest debt. Rome is grappling with a nearly 2 trillion euro debt that far exceeds its Gross Domestic Product.

On Monday, Italian national statistics institute, ISTAT, confirmed that the country’s GDP shrank by 0.7 percent in the fourth quarter of 2011, following a dip of 0.2 percent in the third quarter, marking the country’s official entry into a recession.

The worsening debt crisis has forced EU governments to adopt harsh austerity measures and tough economic reforms, triggering incidents of social unrest and massive protests in many European countries.

PG/JR

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